Define Luxury Market and Affluent Society

These kinds of various attempts to define the term indicates only that there are no universally arranged definition, and that the luxury market will be therefore indefinable across a diverse population – but can perhaps possibly be defined within social classes. It is therefore difficult for anyone supplying the extravagance market to outline their market: it is far easier to define your ‘affluent society’ regarding income or ‘disposable’ revenue, which is why it has been defined in the usa as the major 10% of American households regarding income.